308 Harewood Rd Nanaimo, British Columbia V9R 2Z2

5 Bedroom 2 Bathroom 2,034 ft2
Fireplace None Baseboard Heaters, Forced Air

$824,900

Discover 308 Harewood Rd, a smart investment or development in Nanaimo’s vibrant corridor. This property offers a 3-bedroom, 1-bathroom main residence plus a separate 2-bedroom, 1-bathroom legal suite—ideal for mortgage support through rental income. Situated on a rare lot with multiple road frontages and zoned COR1 (Residential Corridor), the development potential is enormous. The COR1 designation allows small-scale multi-family or mixed-use projects, making this a canvas for future redevelopment or continued income generation, tenants in both units help cover costs, while you plan your redevelopment project. Location is prime: a short walk to Vancouver Island University, plus nearby shopping, parks and transit. Whether you’re an investor eyeing growth or a homeowner seeking extra revenue and future flexibility, this versatile Nanaimo property has it all. Embrace the opportunity of multi-use zoning, supportive income, and unbeatable location. (id:46156)

Property Details

MLS® Number 1001158
Property Type Single Family
Neigbourhood South Nanaimo
Features Central Location, Cul-de-sac, Other
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Total 5
Constructed Date 1964
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air
Size Interior 2,034 Ft2
Total Finished Area 2034 Sqft
Type House

Land

Access Type Road Access
Acreage No
Size Irregular 6534
Size Total 6534 Sqft
Size Total Text 6534 Sqft
Zoning Type Residential/commercial

Rooms

Level Type Dimensions
Lower Level Bathroom 3-Piece
Lower Level Laundry Room 12'6 x 10'4
Lower Level Bedroom Measurements not available x 11 ft
Lower Level Bedroom 11'10 x 12'9
Lower Level Living Room Measurements not available x 11 ft
Lower Level Kitchen 12'10 x 16'11
Main Level Bathroom 4-Piece
Main Level Bedroom 9'10 x 8'6
Main Level Bedroom 12'9 x 8'11
Main Level Primary Bedroom 11'10 x 10'2
Main Level Entrance 4'8 x 8'2
Main Level Living Room 18'3 x 12'9
Main Level Kitchen 11'11 x 14'7

https://www.realtor.ca/real-estate/28368276/308-harewood-rd-nanaimo-south-nanaimo